Adjustments of liability to duty on hydrocarbon oil and biodiesel
This section has no associated Explanatory Memorandum
3.—(1) The following are adjusted in accordance with Table A—
(a)the liability to hydrocarbon oil duty in respect of the products listed in rows (a) to (h);
(b)the liability to the duty charged on biodiesel by section 6AA(1) of the Oil Act(1),
by the deduction from the amount payable of the percentages specified in column (C).
Table A
| (A) | (B) | (C) | (D) | |
|---|---|---|---|---|
| Product | Amount payable before adjustment(pence per litre) | Percentage deduction | Amount payable after adjustment(pence per litre) | |
| (a) | Ultra low sulphur petrol | 49.02 | 3.91 | 47.10 |
| (b) | Sulphur-free petrol | 48.52 | 2.92 | 47.10 |
| (c) | Light oil that is leaded petrol | 57.90 | 2.93 | 56.20 |
| (d) | Light oil that is unleaded petrol (other than ultra low sulphur petrol and sulphur-free petrol) | 51.70 | 2.92 | 50.19 |
| (e) | Sulphur-free diesel | 48.52 | 2.92 | 47.10 |
| (f) | Ultra low sulphur diesel | 49.02 | 3.91 | 47.10 |
| (g) | Heavy oil (other than ultra low sulphur diesel and sulphur-free diesel) | 54.87 | 2.94 | 53.27 |
| (h) | Aviation gasoline | 28.95 | 2.94 | 28.10 |
| (j) | Biodiesel | 28.52 | 4.98 | 27.10 |
(2) The figures in columns (B) and (D) are only for ease of reference and comprehension of effect.
(1)
Section 6AA was inserted by section 5(4) of the Finance Act 2002 (c. 23) and amended by section 4(2) of the Finance Act 2003 (c. 14) and sections 5(2) and 11 of the Finance Act 2004 (c. 12).